the ibex 35 in spain, down almost 1.5%. we can take a quick look there.f investors are rotating out of the periphery. italy and spain, moving higher. bund is below 1.3% as a result. italian shares are trading lower. banks stocks particularly hard hit on the back of political uncertainty generated by mario monte's position to resign from his post as prime minister. his departure is likely to lead to an early election in february. monte's predecessor has announced his attention intengz to return to office. sylvia berlusconi says he'll seek a fifth term as italian premier. carolin is following this situation from rome. how likely is it that we see berlusconi return to politics next year? >> kelly, you know what? it's pretty unlikely. if you look at the latest polls, his pdl party, which is deeply fragmented, is trailing the biggest party, the pd party, but around 16%. it's going to be very, very tough. not even impossible for him to close that gap over the next two months. but i want to continue the discussion about what monti